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BHEL Electrical Equipment Supply Tender Villupuram Tamil Nadu 2026 – 45-90 Day Payment Terms, GST, PBG, ISI/ISO Standards

Bid Publish Date

09-Jan-2026, 4:38 pm

Bid End Date

19-Jan-2026, 5:00 pm

Progress

Issue09-Jan-2026, 4:38 pm
Technical18-01-2026 17:59:27
Financial
Award19-Feb-2026, 12:45 am
Explore all 3 tabs to view complete tender details

Quantity

98

Categories 34

Tender Overview

Bharat Heavy Electricals Limited (BHEL) seeks a dedicated supplier for an electrical equipment supply tender issued for execution in Villupuram, Tamil Nadu. The inquiry is a single tender enquiry addressed to a specific bidder and includes a 37-item BOQ with unspecified item details. The contract contemplates variable quantities under an option clause, with delivery terms linked to the original schedule and extended timelines. The procurement scope centers on electrical equipment supply to support BHEL’s project requirements in Tamil Nadu, with emphasis on timely delivery and compliance with GST and quality documentation. A key differentiator is the purchaser’s right to modify quantities by up to 25% during and post-contract at contracted rates, affecting delivery horizons and total value. The invitation emphasizes strict adherence to the listed ATC terms and formal invoicing via the Suvidha portal.

Technical Specifications & Requirements

  • Delivery terms: Delivery period starts from the last date of the original delivery order; option-based extension follows the formula ((increased quantity ÷ original quantity) × original delivery period) with a minimum of 30 days.
  • Payment terms: 100% payment along with 100% GST & F&I within 45 days for Micro & Small Vendors, 60 days for ME, and 90 days for non-MSME from date of receipt of complete invoice and required documents.
  • Documentation required at submission: GST-compliant tax invoice, LR/GR endorsed by site, CRAC/MRC, packing list, Transit Insurance Certificate, MICC, Guarantee Certificate, and original PBG; Type Test Reports acceptance certificate to be provided where applicable.
  • Switching terms: Unsolicited offers are rejected; terms apply to a single bidder and restricted to the named supplier.

Terms, Conditions & Eligibility

  • EMD/security: Not disclosed in the data; vendors must comply with the standard EMD requirements for government tenders.
  • Payment milestones: As per buyer’s ATC, with eligibility for MSE vendors under MSMED act.
  • Delivery scope: Quantity adjustments up to 25% during the contract at contracted rates; delivery timeline adjusted per the option clause.
  • Contact points: For technical/commercial clarifications, designated BHEL contacts are provided in the ATC.
  • Vendor eligibility: Single-enquiry nature; unsolicited offers rejected; adherence to GST and statutory requirements is mandatory.

Key Specifications

  • Product/service names and categories: Electrical equipment supply

  • Quantity/BOQ: 37 items, exact quantities not disclosed

  • Estimated value: Not disclosed

  • Delivery location: Villupuram, Tamil Nadu

  • Standards/quality: GST compliant invoicing; MICC; Type Test Reports acceptance

  • Payments: 45/60/90 day terms depending on MSME status

  • Special clauses: Option to increase/decrease quantity up to 25%

Terms & Conditions

  • Option clause allows +/-25% quantity change at contracted rates

  • Delivery period based on original delivery order with minimum 30-day extension

  • GST-compliant invoice required with full documentation for payment

  • Single bidder engagement; unsolicited offers rejected

  • MSME payment terms under MSMED act

Important Clauses

Payment Terms

100% payment with 100% GST & F&I within 45 days (MSME) / 60 days (ME) / 90 days (Non-MSME) from receipt of complete invoice and documents

Delivery Schedule

Delivery starts from last date of original DO; option-based extension follows (increased quantity/original quantity) × original period with minimum 30 days; extended time may be up to original delivery period

Penalties/Liquidated Damages

Not explicitly stated in data; standard tender terms may apply for delays via ATC

Bidder Eligibility

  • Must be the named bidder for this single enquiry

  • GST compliance and financial stability demonstrated

  • Experience in supplying electrical equipment to government or large-scale organizations

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Authority Records

MINISTRY OF HEAVY INDUSTRIESHEAVY INDUSTRY DEPARTMENT

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Documents 9

GeM-Bidding-8818738.pdf

Main Document

BOQ Document

BOQ

BOQ Document

BOQ

Buyer uploaded ATC document

ATC

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Bill of Quantities (BOQ) 37 Items Sign in for GEM prices

#1

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, ISOLATOR HDB CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS, RIGID TYPE

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, ISOLATOR HDB CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS, RIGID TYPE

3 no Delivery: 77 days
#2

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, ISOLATOR HDB CONNECTOR SUITABLE FOR QUAD BERSIMIS

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, ISOLATOR HDB CONNECTOR SUITABLE FOR QUAD BERSIMIS

1 no Delivery: 77 days
#3

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 2000A, ISOLATOR HDB CONNECTOR SUITABLE FOR TWIN BERSIMIS

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 2000A, ISOLATOR HDB CONNECTOR SUITABLE FOR TWIN BERSIMIS

3 no Delivery: 77 days
#4

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 2000A, BPI CONNECTOR SUITABLE FOR TWIN BERSIMIS

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 2000A, BPI CONNECTOR SUITABLE FOR TWIN BERSIMIS

3 no Delivery: 77 days
#5

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, BPI CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS, RIGID and EXPANSION TYPE WITH TUBE BREAK

SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, BPI CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS, RIGID and EXPANSION TYPE WITH TUBE BREAK

1 no Delivery: 77 days
#6

CLAMPS and CONNECTORS 400KV 63KA FOR 1S 3150A TEE CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS TO QUAD CONDUCTOR AS PER TS

CLAMPS and CONNECTORS 400KV 63KA FOR 1S 3150A TEE CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS TO QUAD CONDUCTOR AS PER TS

2 no Delivery: 77 days
#7

SUPPLY- CLAMPS and CONNECTORS - 400KV, TEE CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS TO TWIN BERSIMIS CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 400KV, TEE CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS TO TWIN BERSIMIS CONDUCTOR AS PER TS

1 no Delivery: 77 days
#8

SUPPLY- CLAMPS and CONNECTORS - 400KV, 3150A, STRAIGHT CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS TO QUAD CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 400KV, 3150A, STRAIGHT CONNECTOR SUITABLE FOR AL TUBE 4 INCH IPS TO QUAD CONDUCTOR AS PER TS

2 no Delivery: 77 days
#9

SUPPLY- CLAMPS and CONNECTORS - 400KV, TEE CONNECTOR SUITABLE FOR QUAD BERSIMIS TO TWIN CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 400KV, TEE CONNECTOR SUITABLE FOR QUAD BERSIMIS TO TWIN CONDUCTOR AS PER TS

1 no Delivery: 77 days
#10

SUPPLY- CLAMPS and CONNECTORS - 132KV, 40KA FOR 1S, 1250A, NGR NEUTRAL BUSHING TOWARDS LA SIDE , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE AAC BULL CONDUCTOR WITH HORIZONTAL APPROACH

SUPPLY- CLAMPS and CONNECTORS - 132KV, 40KA FOR 1S, 1250A, NGR NEUTRAL BUSHING TOWARDS LA SIDE , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE AAC BULL CONDUCTOR WITH HORIZONTAL APPROACH

3 no Delivery: 77 days
#11

SUPPLY- CLAMPS and CONNECTORS - 132KV, 40KA FOR 1S, 1250A, NGR NEUTRAL BUSHING TOWARDS CT SIDE , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE AAC BULL CONDUCTOR WITH HORIZONTAL APPROACH

SUPPLY- CLAMPS and CONNECTORS - 132KV, 40KA FOR 1S, 1250A, NGR NEUTRAL BUSHING TOWARDS CT SIDE , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE AAC BULL CONDUCTOR WITH HORIZONTAL APPROACH

3 no Delivery: 77 days
#12

SUPPLY- CLAMPS and CONNECTORS - 145KV, 40KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, SLIDING THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 145KV, 40KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, SLIDING THROUGH TYPE

3 no Delivery: 77 days
#13

SUPPLY- CLAMPS and CONNECTORS - 145KV, 40KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 145KV, 40KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID THROUGH TYPE

3 no Delivery: 77 days
#14

SUPPLY- CLAMPS and CONNECTORS - 145KV, 40KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID - EXPANSION TYPE

SUPPLY- CLAMPS and CONNECTORS - 145KV, 40KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID - EXPANSION TYPE

3 no Delivery: 77 days
#15

SUPPLY- CLAMPS and CONNECTORS - 132KV, LA CONNECTOR SUITABLE FOR SINGLE BULL

SUPPLY- CLAMPS and CONNECTORS - 132KV, LA CONNECTOR SUITABLE FOR SINGLE BULL

3 no Delivery: 77 days
#16

SUPPLY- CLAMPS and CONNECTORS - 132KV, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO SINGLE CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 132KV, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO SINGLE CONDUCTOR AS PER TS

2 no Delivery: 77 days
#17

SUPPLY- CLAMPS and CONNECTORS - 132KV, 1250A, TEE CONNECTOR SUITABLE FOR SINGLE BULL TO SINGLE CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 132KV, 1250A, TEE CONNECTOR SUITABLE FOR SINGLE BULL TO SINGLE CONDUCTOR AS PER TS

1 no Delivery: 77 days
#18

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, SLIDING THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, SLIDING THROUGH TYPE

3 no Delivery: 77 days
#19

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID THROUGH TYPE

3 no Delivery: 77 days
#20

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID - EXPANSION TYPE

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID - EXPANSION TYPE

3 no Delivery: 77 days
#21

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO SINGLE CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 66KV, 25KA FOR 1S, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO SINGLE CONDUCTOR AS PER TS

1 no Delivery: 77 days
#22

SUPPLY- CLAMPS and CONNECTORS - 66KV, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO TWIN CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 66KV, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO TWIN CONDUCTOR AS PER TS

2 no Delivery: 77 days
#23

SUPPLY- CLAMPS and CONNECTORS - 66KV, RIGID SPACER SUITABLE FOR TWIN BERSIMIS

SUPPLY- CLAMPS and CONNECTORS - 66KV, RIGID SPACER SUITABLE FOR TWIN BERSIMIS

1 no Delivery: 77 days
#24

SUPPLY- CLAMPS and CONNECTORS - END CAP SUITABLE FOR 3 INCH IPS AL TUBE

SUPPLY- CLAMPS and CONNECTORS - END CAP SUITABLE FOR 3 INCH IPS AL TUBE

2 no Delivery: 77 days
#25

SUPPLY- CLAMPS and CONNECTORS - 54KV, 25KA FOR 1S, LA CONNECTOR SUITABLE FOR SINGLE BERSIMIS

SUPPLY- CLAMPS and CONNECTORS - 54KV, 25KA FOR 1S, LA CONNECTOR SUITABLE FOR SINGLE BERSIMIS

3 no Delivery: 77 days
#26

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, NEUTRAL CURRENT TRANSFORMER OF NGR , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE 75X12 MM MS FLAT WITH HORIZONTAL APPROACH

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, NEUTRAL CURRENT TRANSFORMER OF NGR , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE 75X12 MM MS FLAT WITH HORIZONTAL APPROACH

2 no Delivery: 77 days
#27

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, NEUTRAL CURRENT TRANSFORMER OF 500MVA AUTO TRANSFORMER , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE 75X12 MM MS FLAT WITH HORIZONTAL APPROACH

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, NEUTRAL CURRENT TRANSFORMER OF 500MVA AUTO TRANSFORMER , RIGID TYPE CONNECTOR SUITABLE FOR SINGLE 75X12 MM MS FLAT WITH HORIZONTAL APPROACH

3 no Delivery: 77 days
#28

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, CT NEUTRAL CONNECTOR SUITABLE FOR TWIN CONDUCTOR

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, CT NEUTRAL CONNECTOR SUITABLE FOR TWIN CONDUCTOR

2 no Delivery: 77 days
#29

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, SLIDING THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, SLIDING THROUGH TYPE

3 no Delivery: 77 days
#30

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID THROUGH TYPE

3 no Delivery: 77 days
#31

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID - EXPANSION TYPE

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, 1250A, BPI CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID - EXPANSION TYPE

3 no Delivery: 77 days
#32

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, BPI CONNECTOR SUITABLE FOR 75X12 MS FLAT, RIGID THROUGH TYPE

SUPPLY- CLAMPS and CONNECTORS - 33KV, 25KA FOR 1S, BPI CONNECTOR SUITABLE FOR 75X12 MS FLAT, RIGID THROUGH TYPE

3 no Delivery: 77 days
#33

SUPPLY- CLAMPS and CONNECTORS - 36KV, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO TWIN CONDUCTOR AS PER TS

SUPPLY- CLAMPS and CONNECTORS - 36KV, 1250A, TEE CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS TO TWIN CONDUCTOR AS PER TS

1 no Delivery: 77 days
#34

SUPPLY- CLAMPS and CONNECTORS - 36KV, 25KA FOR 1S, 1250A, BUSHING CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID TYPE

SUPPLY- CLAMPS and CONNECTORS - 36KV, 25KA FOR 1S, 1250A, BUSHING CONNECTOR SUITABLE FOR AL TUBE 3 INCH IPS, RIGID TYPE

3 no Delivery: 77 days
#35

SUPPLY- CLAMPS and CONNECTORS - WELDING SLEEVE SUITABLE FOR 3 INCH IPS AL TUBE

SUPPLY- CLAMPS and CONNECTORS - WELDING SLEEVE SUITABLE FOR 3 INCH IPS AL TUBE

7 no Delivery: 77 days
#36

SUPPLY- CLAMPS and CONNECTORS - STRAIN CLAMP FOR SHIELD WIRE 10.98MM DIA

SUPPLY- CLAMPS and CONNECTORS - STRAIN CLAMP FOR SHIELD WIRE 10.98MM DIA

7 no Delivery: 77 days
#37

CLAMPS and CONNECTORS PAD CONNECTOR TO SUIT 10.98MM DIA GS WIRE AND 75X12 MM GS FLAT

CLAMPS and CONNECTORS PAD CONNECTOR TO SUIT 10.98MM DIA GS WIRE AND 75X12 MM GS FLAT

5 no Delivery: 77 days

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates showing relevant prior work

4

Financial statements (latest statutory financials)

5

EMD/Security deposit submission proof

6

Technical bid documents (compliance with technical requirements)

7

OEM authorizations (where applicable)

8

Copy of Packing List, Transit Insurance Certificate

9

MICC (Material Inspection Clearance Certificate) issued by BHEL QA

10

Copy of Performance Bank Guarantee (PBG)

Technical Results

S.No Seller Item Date Status
1
PREMIER POWER PRODUCTS (CALCUTTA) PVT LTD.   Under PMA
-18-01-2026 17:59:27

Financial Results

Rank Seller Price Item
L1
PREMIER POWER PRODUCTS (CALCUTTA) PVT LTD.(MII)   Under PMA
Item Categories : SUPPLY- CLAMPS and CONNECTORS - 400KV, 63KA FOR 1S, 3150A, ISOLATOR HDB CONNECTOR SUITABLE FOR AL T

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about TAMIL NADU tender market

How to bid in the electrical equipment tender in Villupuram Tamil Nadu 2026?

Bidders must respond to the single enquiry, submit GST-compliant invoices, LR/GR endorsed by the site, CRAC/MRC, packing lists, Transit Insurance, MICC, and a valid PBG. Ensure compliance with MSMED terms if eligible and adhere to the 25% quantity variation clause during contract execution.

What documents are required for BHEL electrical tender submission in Tamil Nadu?

Required documents include GST certificate, PAN card, experience certificates, latest financial statements, EMD proof, technical bid, OEM authorization (if applicable), MICC, transit insurance copy, and PBG, plus CRAC/MRC and packing lists for invoicing.

What are the payment terms for MSME bidders in this BHEL tender?

MSME vendors receive payment within 45 days of receiving complete invoice and documents, including GST-compliant tax invoice, LR/GR, MICC, Transit Insurance, and PBG; non-MSME vendors have a 90-day window, with 60 days for MEs.

What is the delivery quantity variation allowed in this tender?

The purchaser may adjust quantity up to 25% of bid quantity at contracted rates, and extend delivery time proportionally; minimum additional time is 30 days, ensuring total delivery remains feasible within contract.

Which standards and certifications are required for the BHEL tender?

Invoicing and acceptance rely on GST compliance, MICC clearance, and Type Test Reports acceptance where applicable; OEM authorizations and ISI/ISO-related certifications may be expected depending on item specifics.

What is the delivery location and scope for this tender in Tamil Nadu?

Delivery scope targets electrical equipment supply for BHEL in Villupuram, Tamil Nadu 604001; exact BOQ item details are not disclosed but the procurement focuses on critical equipment with strict documentation and testing prerequisites.

How to contact for technical and commercial clarifications in this tender?

Technical clarifications should be addressed to the TBEM contact (Ms. Shobhna Singh) at 0120-2218916 or [email protected]; commercial clarifications to TBMM (Mr. Amit Kumar) at 0120-2218839 or [email protected], per the ATC guidance.

What is required for the PBG and warranty under this tender?

A valid Performance Bank Guarantee (PBG) must be provided; warranty specifics are not detailed in the data but PBG submission is mandatory and must be sent through the issuing bank to the buyer finance channel.